Andrea Cahoon Real Estate Blog | Tooele UT | Stansbury Park UT | Buying a Home, Selling a Home, Homes for Sale, Real Estate Market

Inside Real Estate
Let Me Help You!
(435) 850-8167
Follow My Blog
RSS
andreacahoon
Andrea Cahoon
Realtor

    CRS - Certified Residential Specialist
    TCRES - Tooele County Real Estate Specialist

Direct: (435) 850-8167

Office: (435) 882-8868



Company Info

REMAX Platinum
1185 N Main St
Tooele, UT 84074
(435) 882-8868


Real Estate Tools

Schoolsschools

Communitiescommunities

Calculatorscalculators

Buy a House

April 2011 Real Estate Market Summaries for Tooele and Salt Lake Counties

Thursday, May 12th, 2011

Hello Everyone!
What a gorgeous spring day…finally!  I just wanted to forward April of 2011′s market summary reports for Tooele and Salt Lake counties to you. 
 
Tooele County
April 1-30, 2011
 
Number of Homes Sold:  58
Average Sales Price:  $140,239.67
Average Price Per Square Foot: $64.94
Average Days on Market:  126
 
 
Tooele County
April 1-30, 2010
 
Number of Homes Sold:  81
Average Sales Price:  $176,765.93
Average Price Per Square Foot:  $74.28
Average Days on Market:  121
 
The Tooele County Absorption Rate report shows we have approximately 6 1/2 months of inventory.
 
 
Salt Lake County
April 1-30, 2011
 
Number of Homes Sold:  906
Average Sales Price:  $219,901.91
Average Price Per Square Foot:  $90.27
Average Days on Market:  133
 
 
Salt Lake County
April 1-30, 2010
 
Number of Homes Sold: 1,171
Average Sales Price:  $234,951.38
Average Price Per Square Foot:  $103.22
Average Days on Market:  121
 
The absorption rate for Salt Lake County is approximately 5months of inventory.
 
 
If you or any one you know is looking to buy or sell real estate, have them give me a call!  Also if you know of anyone having trouble making their house payments, please call me.  There are many options available, and I would be happy to help you or your friend work through the tough times that they are facing so foreclosure can be avoided!  If you do not wish to receive these e-mails, please send an opt-out message to andreacahoon@remax.net.  Enjoy the beautiful weather!
 
Andrea Cahoon, CDPE, CRS, TCRES, CNHS
RE/MAX Platinum
435-850-8167
 
P.S.  You can view this market summary report, and others from past months at my blog located at http://inside-real-estate.com/andreacahoon/ .  Interest rates are slowly rising so if you wish to refinance or purchase, now is the time!

March 2011 Tooele and Salt Lake County Real Estate Market Summaries

Tuesday, April 12th, 2011
Hello Everyone!
It has hard to tell if we are in the dead of winter of if spring is on its way, I certainly hope the latter!  The phones have been ringing at the real estate offices and people are anxious to move their families.  Confidence seems to be returning to the market, but the prices have not seemed to turn around yet.  It is still a buyer’s market for sure!  Here are the latest numbers for Tooele and Salt Lake Counties:
 
 
Tooele County
March 1-31, 2011
 
Number of Homes Sold:  44
Average Sales Price:  $151,713.00
Average Price Per Square Foot: $63.07
Average Days on Market:  141
 
 
Tooele County
March 1-13, 2010
 
Number of Homes Sold:  70
Average Sales Price:  $157,015.93
Average Price Per Square Foot:  $75.46
Average Days on Market:  119
 
The Tooele County Absorption Rate report shows we have approximately 8 months of inventory.
 
 
Salt Lake County
March 1-31, 2011
 
Number of Homes Sold:  909
Average Sales Price:  $218,592.04
Average Price Per Square Foot:  $91.16
Average Days on Market:  142
 
 
Salt Lake County
March 1-31, 2010
 
Number of Homes Sold: 1,011
Average Sales Price:  $231,933.41
Average Price Per Square Foot:  $102.80
Average Days on Market:  130
 
The absorption rate for Salt Lake County is approximately 6 months of inventory.
 
 
If you or any one you know is looking to buy or sell real estate, have them give me a call!  Also if you know of anyone having trouble making their house payments, please call me.  There are many options available, and I would be happy to help you or your friend work through the tough times that they are facing so foreclosure can be avoided!  If you do not wish to receive these e-mails, please send an opt-out message to andreacahoon@remax.net.  Happy Easter!
 
Andrea Cahoon, CDPE, CRS, TCRES, CNHS
RE/MAX Platinum
435-850-8167
 
P.S.  You can view this market summary report, and others from past months at my blog located at http://inside-real-estate.com/andreacahoon/ .  Interest rates are slowly rising so if you wish to refinance or purchase, now is the time!

December 2010 Market Summary Reports for Tooele and Salt Lake Counties

Friday, January 7th, 2011
Happy New Year to you all!
 
I hope you all had a wonderful holiday season and have set your resolutions for the new year!  Here are the real estate market summary reports for Tooele and Salt Lake Counties for December.  Again, for reference I am including last year’s numbers as well so you can compare them to this year’s. 
 
Tooele County
December 1-31, 2010
 
Number of Homes Sold:  43
Average Sales Price:  $174,814.19
Average Price Per Square Foot: $69.80
Average Days on Market:  92
 
 
Tooele County
December 1-31, 2009
 
Number of Homes Sold:  57
Average Sales Price:  $171,039.09
Average Price Per Square Foot:  $79.64
Average Days on Market:  133
 
Tooele County Absorption Rate report shows we have approximately 9 1/2 months of inventory.
 
 
Salt Lake County
December 1-31, 2010
 
Number of Homes Sold:  786
Average Sales Price:  $231,032.34
Average Price Per Square Foot:  $94.81
Average Days on Market:  136
 
 
Salt Lake County
December 1-31, 2009
 
Number of Homes Sold: 885
Average Sales Price:  $248,718.66
Average Price Per Square Foot:  $101.85
Average Days on Market:  123
 
The absorption rate for Salt Lake County is approximately 7 months of inventory.
 
 
If you or anyone you know is having trouble making their house payments, please call me.  There are many options available, and I would be happy to help you or your friend work through the tough times that you are facing so you can avoid foreclosure!  Also, call me if there is anything I can do to help you or someone you know with any real estate questions, or to acquire or sell properties.  IT IS STILL A GREAT TIME TO BUY!  We have not seen deals like these in years and interest rates are still great!  If you do not wish to receive these e-mails, please send an opt-out message to andreacahoon@remax.net.  Best wishes to each of you during this coming year!
 
Andrea Cahoon, CDPE, CRS, TCRES, CNHS
RE/MAX Platinum
435-850-8167
 
P.S.  You can view this market summary report, and others from past months at my blog located at http://inside-real-estate.com/andreacahoon/ .

November 2010 Real Estate Market Summaries

Saturday, December 11th, 2010

Merry Christmas to All of You!
 
It is hard to believe that the Christmas season is here!  At our house that means birthdays too, so I apologize for getting the report out late as time got away from me!  Here are the real estate market summary reports for Tooele and Salt Lake Counties for November.  Again, for reference I am including last year’s numbers as well so you can compare them to this year’s. 
 
Tooele County
November 1-30, 2010
 
Number of Homes Sold:  48
Average Sales Price:  $180,178.13
Average Price Per Square Foot: $70.30
Average Days on Market:  124
 
 
Tooele County
November 1-30, 2009
 
Number of Homes Sold:  61
Average Sales Price:  $204,050.49
Average Price Per Square Foot:  $79.79
Average Days on Market:  102
 
Tooele County Absorption Rate report shows we have approximately 9 months of inventory.
 
 
Salt Lake County
November 1-30, 2010
 
Number of Homes Sold:  702
Average Sales Price:  $242,764.30
Average Price Per Square Foot:  $95.60
Average Days on Market:  137
 
 
Salt Lake County
November 1-30, 2009
 
Number of Homes Sold: 1119
Average Sales Price:  $232,882.01
Average Price Per Square Foot:  $107.91
Average Days on Market:  113
 
The absorption rate for Salt Lake County is approximately 7 months of inventory.
 
 
Let me know if any of you have any questions about this information, or if you have any real estates needs that I can assist you with!  If you or anyone you know is having trouble making their house payments, please call me.  There are many options available, and I would be happy to help you or your friend work through the tough times that you are facing. 

 

If you do not wish to receive these e-mails, please send an opt-out message to andreacahoon@remax.net.  Merry Christmas to you and yours!  May the spirit of the season bring you peace and hope!

 
Andrea Cahoon, CDPE, CRS, TCRES, CNHS
RE/MAX Platinum
435-850-8167

October 2010 Real Estate Market Summaries

Monday, November 8th, 2010

Good Afternoon Everyone!
I am sitting here shivering as I write this report…time to break out the sweaters and snow gear.  Just for your information, I have completed the course work and passed the exam to earn the Certified Distressed Property Expert (CDPE) designation.  If you or anyone you know is having trouble making their house payments, please call me.  There are many options available, and I would be happy to help you or your friend work through the tough times that you are facing. 
 
The market has not shown a lot of recovery signs in Tooele yet, but I am hearing reports from across the country that say differently, so the market could be turning around soon.  Here are the real estate market summary reports for Tooele and Salt Lake Counties for October.  Again, for reference I am including last year’s numbers as well so you can compare them to this year’s. 
 
Tooele County
October 1-31, 2010
 
Number of Homes Sold:  39
Average Sales Price:  $167,780.36
Average Price Per Square Foot: $68.13
Average Days on Market:  152
 
 
Tooele County
October 1-31, 2009
 
Number of Homes Sold:  82
Average Sales Price:  $193,586.59
Average Price Per Square Foot:  $82.18
Average Days on Market:  119
 
Tooele County Absorption Rate report shows we have approximately 8 months of inventory.
 
 
Salt Lake County
October 1-31, 2010
 
Number of Homes Sold:  682
Average Sales Price:  $245,527.69
Average Price Per Square Foot:  $100.84
Average Days on Market:  123
 
 
Salt Lake County
October 1-31, 2009
 
Number of Homes Sold: 1092
Average Sales Price:  $238,653.29
Average Price Per Square Foot:  $108.37
Average Days on Market:  112
 
The absorption rate for Salt Lake County is approximately 7 months of inventory.
 
Let me know if any of you have any questions about this information, or if you have any real estates needs that I can assist you with!  If you do not wish to receive these e-mails, please send an opt-out message to andreacahoon@remax.net.  I hope you all have a happy and safe Thanksgiving!  Keep warm!
 
Andrea Cahoon, CDPE, CRS, TCRES, CNHS
RE/MAX Platinum
435-850-8167
 
P.S. The mortgage rates are still unbelievably low, so if you have enough equity in your home that you can refinance, it is worth looking into.  Also, the lower the rates, the more buying power you have, so it is a great time for first time home buyers to jump in the market and buy their first home, and move up buyers to make their move!  CALL ME!

September 2010 Market Summary

Wednesday, October 13th, 2010

Good Afternoon Everyone!
Fall and footballs are in there air!  What a beautiful time of year in Utah.  I remember my first fall here when I had to do a double take when the mountain started turning red.  Being from Washington State, most of our trees were evergreens and did not do that!  Here is the real estate market summary reports for Tooele and Salt Lake Counties for September.  Again, for reference I am including last year’s numbers as well so you can compare them to this years. 
 
Tooele County
September 1-30, 2010
 
Number of Homes Sold:  52
Average Sales Price:  $151,250
Average Price Per Square Foot: $69.53
Average Days on Market:  128
 
 
Tooele County
September 1-30, 2009
 
Number of Homes Sold:  67
Average Sales Price:  $188,835
Average Price Per Square Foot:  $77.12
Average Days on Market:  121
 
Tooele County Absorption Rate report shows we have approximately 8 months of inventory.
 
 
Salt Lake County
September 1-30, 2010
 
Number of Homes Sold:  695
Average Sales Price:  $256,245
Average Price Per Square Foot:  $101.31
Average Days on Market:  124
 
 
Salt Lake County
September 1-30, 2009
 
Number of Homes Sold:  969
Average Sales Price:  $238,429
Average Price Per Square Foot:  $109.88
Average Days on Market:  121
 
Let me know if any of you have any questions about this information, or if you have any real estates needs that I can assist you with!  If you do not wish to receive these e-mails, please send an opt-out message to andreacahoon@remax.net.  THANK YOU!
 
Andrea Cahoon, CRS, TCRES
RE/MAX Platinum

June 2010 Market Summary

Monday, July 12th, 2010

Hello Everyone!
 
Summer is finally here!  I hope you are all enjoying the beautiful sunshine, yummy watermelon and corn on the cob, and fireworks!  Here is June’s real estate market summary for Tooele and Salt Lake counties.  I apologize for them being out later than usual, but I just got back from Girl’s Camp and a family reunion which kept me hoppin all of last week, so now I am playing catch up.  Here is the report:
 
Tooele County
June 1-30, 2010
 
Number of Homes Sold:  72
Average Sales Price:  $173,592.21
Average Price Per Square Foot: $72.97
Average Days on Market:  111
 
 
Tooele County
June 1-30, 2009
 
Number of Homes Sold:  75
Average Sales Price:  $185,073.16
Average Price Per Square Foot:  $86.08
Average Days on Market:  123
 
 
 
Salt Lake County
June 1-30, 2010
 
Number of Homes Sold:  999
Average Sales Price:  $256,302.10
Average Price Per Square Foot:  $103.82
Average Days on Market:  116
 
 
 
Salt Lake County
June 1-30, 2009
 
Number of Homes Sold:  1232
Average Sales Price:  $260,445.83
Average Price Per Square Foot:  $111.79
Average Days on Market:  126
 
If any of you have any questions about this report or any other real estate issues, give me a call!  I would be happy to help!  Mortgage rates seem to still be about where they have been lately, so it is still a great time to buy or refinance!  Let me know if a move is in your future or any of your friends and family’s future and I would love to help get you on your way!  Have a happy and safe July!
 
Andrea Cahoon, CRS, TCRES, CNHS
RE/MAX Platinum
435-850-8167

May 2010 Real Estate Market Summaries

Tuesday, June 8th, 2010

Wow!  I am loving the gorgeous, mild weather we are having.  I keep reminding myself that this is Utah, so it could change at any minute!  In this past month I have seen both positive and negative changes in the market.  The days on market (DOM) seems to be decreasing (yeah!) but so is the average sold price and average price per square foot (boo if you are a seller and yeah if you are a buyer).  The number of homes sold in May of 2009 and May of 2010 in Tooele County was exactly the same.  We will have to watch closely as the summer selling season is upon us and hopefully we will see a market stabilization!  Here are the numbers for you:
 
Tooele County
May 1-31, 2010
 
Number of Homes Sold:  57
Average Sales Price:  $166,960.32
Average Price Per Square Foot: $70.45
Average Days on Market:  130
 
 
Tooele County
May 1-31, 2009
 
Number of Homes Sold:  57
Average Sales Price:  $188,256.23
Average Price Per Square Foot:  $85.78
Average Days on Market:  143
 
 
 
Salt Lake County
May 1-31, 2010
 
Number of Homes Sold:  1178
Average Sales Price:  $235,680.60
Average Price Per Square Foot:  $103.30
Average Days on Market:  111
 
 
 
Salt Lake County
May 1-31, 2009
 
Number of Homes Sold:  1014
Average Sales Price:  $262,710.59
Average Price Per Square Foot:  $108.23
Average Days on Market:  132
 
I have noticed that 30 year mortage rates are running about 4.8% to 5% right now.  I hope you are all enjoying the long summer days with your children!  If you have any questions about this report or real estate, please let me know and I would be glad to help in any way I can!  Until next month!
 
Andrea Cahoon, CRS, TCRES, CNHS
RE/MAX Platinum
435-850-8167 

April 2010 Market Summaries for Tooele and Salt Lake Counties

Thursday, May 6th, 2010

Hello to You All! April was a busy month in the real estate market, especially with people scrambling to get a home under contract before the home buyer tax credit expiration date that fell on April 30, 2010. We have seen a large increase in the number of homes sold, but also a continued decline in the sales prices. Here are the numbers for you!

Tooele County

April 1-30, 2010

Number of Homes Sold: 72

Average Sales Price: $174,857.78

Average Price Per Square Foot: $72.77

Average Days on Market: 123

Tooele County

April 1-30, 2009

Number of Homes Sold: 57

Average Sales Price: $187,454.35

Average Price Per Square Foot: $86.46

Average Days on Market: 130

Salt Lake County

April 1-30, 2010

Number of Homes Sold: 1026

Average Sales Price: $236,860.27

Average Price Per Square Foot: $98.91

Average Days on Market: 121

Salt Lake County

April 1-30, 2009

Number of Homes Sold: 867

Average Sales Price: $251,948.65

Average Price Per Square Foot: $100.38

Average Days on Market: 132

Enjoy the sun and longer days and if you or anyone you know needs help with their real estate needs, give me a call! I would be happy to help however I can!  Have a fabulous May!

Andrea Cahoon, RE/MAX Platinum 435-850-8167

January 2010 Tooele and Salt Lake Couty Real Estate Market Summaries

Tuesday, February 9th, 2010

Happy Valentine’s Day!
 
We are still seeing a market stabilization taking place in the Tooele and Salt Lake county markets.  Though the numbers show things are still down from last year, the don’t seem to be going down much from the previous month.  As the weather begins to improve, I believe our market will too!  Here is the information from last month’s real estate transactions:
 
Tooele County:
 

January 1- 31, 2010
Number of Homes Sold:  35
Average Sales Price:  $163,801
Average Price per Square Foot:  $68
Average Days on Market:  85

 
January 1- 31, 2009
Number of Homes Sold:  37
Average Sales Price:  $173,773
Average Price per Square Foot:  $81
Average Days on Market:  83
 
 
Salt Lake County

 
January 1- 31, 2010
Number of Homes Sold:  493
Average Sales Price:  $263,969
Average Price per Square Foot:  $101
Average Days on Market:  88

 
January 1- 31, 2009
Number of Homes Sold:  444
Average Sales Price:  $270,296
Average Price per Square Foot:  $103
Average Days on Market:  83
 
If you have any suggestions for information that you would like to see added to this summary, please send them my way at andreacahoon@remax.net .  You may also visit my blog at http://inside-real-estate.com/andreacahoon for old market summaries, and new information.  I appreciate all of your support and business. If any of you need assistance with your real estate transactions, please give me a call and I would be happy to help you.  As always, if you do not wish to receive these monthly reports, please e-mail an opt-out message to andreacahoon@remax.net and I will remove you from my e-mail list.  
 
Andrea Cahoon, CRS, TCRES
RE/MAX Platinum
435-850-8167 

- Copyright © 2010 Inside Real Estate, LLC

Inside Real Estate does not endorse the agents on this site, and does not guarantee the content submitted by the site's members. Blog and page entries, content, and other information contributed by agents that are members of the site are accountable to the particular agent. Inside Real Estate and Omnia Alliance LLC take no accountability for the content contributed by members to the site.